HDFC Bank Dividends and Buybacks
Dividend criteria checks 3/6
HDFC Bank is a dividend paying company with a current yield of 1.13% that is well covered by earnings.
Key information
1.1%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | 20.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.233 |
| Payout ratio | 22% |
Recent dividend and buyback updates
Recent updates
HDFC Bank: Asia's Compounding Machine Is Back On Track
Jan 07HDFC Bank: The Clouds Are Finally Clearing (Rating Upgrade)
Oct 27HDFC Bank: Focus On Fundamentals Over The Upcoming $2bn Catalyst
Aug 21HDFC Bank: Negatives Are Priced In
Jun 17HDFC Bank: The Jury Is Still Out, Although The Risk-Reward Is In A Better Place
Apr 03HDFC Bank: Why The $21bn Rout Was Not Unjustified
Jan 22HDFC Bank: Cleaning Out The Closet
Nov 17HDFC Bank: Merger Done, A New Chapter Begins (Rating Downgrade)
Sep 09HDFC Bank: A Bet On The Rapid Emergence Of India
Jul 04HDFC Bank: Market's Attention Is On Pending Merger
Jan 09HDFC Bank: Steady As She Goes
Oct 27HDFC Bank GAAP EPS of ₹19.00, core net revenue of ₹28,869.8 crore
Oct 17HDFC Bank: Sustainability At Its Core
Jul 15HDFC Bank: Best-In-Class Indian Bank Weighed Down By Transitory Headwinds
Jun 24HDFC Bank: Turning A New Chapter Post RBI Restrictions
Apr 04HDFC: Well Positioned To Profit From India's Economic Upswing
Nov 28HDFC Bank: Long-Term Growth Potential Overshadowed By Short-Term Challenges
Sep 24With Banks Getting Ready To Kick Off Earnings Season, I Like HDFC Bank Better Than Most
Jul 08HDFC Bank: Favor Quality On The Recovery Path
Nov 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HDB's dividend payments have been volatile in the past 10 years.
Growing Dividend: HDB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| HDFC Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HDB) | 1.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Banks) | 2.4% |
| Analyst forecast (HDB) (up to 3 years) | 1.5% |
Notable Dividend: HDB's dividend (1.13%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: HDB's dividend (1.13%) is low compared to the top 25% of dividend payers in the US market (4.45%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.6%), HDB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HDB's dividends in 3 years are forecast to be well covered by earnings (21.3% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/18 14:45 |
| End of Day Share Price | 2025/02/18 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
HDFC Bank Limited is covered by 88 analysts. 39 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nitin Bhasin | Ambit Capital |
| Pankaj Agarwal | Ambit Capital |
| Kaitav Shah | Anand Rathi Shares and Stock Brokers Limited |